TransferWise purchased its cross-border money transfer service to Messenger, making it possible to move money between countries and using the same currencies using Facebook’s instant messaging platform.Facebook Users now can use Messenger to transffer money to friends and families all over the world at low cost and using real exchange rates. The TransferWise bot will be initially available to send money into and out of Canada, the US, UK, Australia, and Europe. The London-based company says its service will eventually expand to reflect the full scope of TransferWise’s reach of more than 50 countries.

“Our mission at TransferWise is to bring faster, cheaper, and more convenient international money transfers to everyone in the world,” said Scott Miller, Head of Global Partnerships for TransferWise. “Building the TransferWise bot for Messenger is a great step in that direction.”

Miller says anyone can interact with the bot to set up rate alerts to get notified of the exchange rate for their preferred currencies.